Use DraftKings promo code to get $300 bonus bets by targeting Nuggets-Bucks, Ohio State-Michigan on Friday

DraftKings offers $300 in bonus bets if your first $5 bet wins for NBA, college basketball betting on Friday

By Ryan Wooden

Jan 23, 2026 at 10:38 am ET • 4 min read

With a snowy weekend around the country ahead, why not take advantage of the latest DraftKings promo code, which gives new users $300 in bonus bets if your first $5 bet wins? Friday features an eight-game NBA slate, including the Milwaukee Bucks hosting the Denver Nuggets at 9:30 p.m. ET, and the SportsLine Projection Model has one of its Friday best bets at DraftKings coming from Nuggets vs. Bucks, backing Denver as a 6.5-point underdog. Denver is coming off a 107-97 win over Washington, while the Bucks have lost four of their last five games.

The model also projects value in the Portland Trail Blazers to upset the Toronto Raptors at +130. In college basketball action, the model is backing Ohio State to cover as 15.5-point underdogs in a rivalry matchup against Michigan. Claim the latest DraftKings promo code, where new users get $300 in bonus bets if your first $5 bet wins:

Check out our DraftKings promo code review for full details.

The SportsLine Projection Model simulates every NBA game 10,000 times and has returned well over $10,000 in betting profit for $100 players on its top-rated NBA picks over the past eight-plus seasons. The model enters Week 14 of the 2025-26 NBA season on a sizzling 35-15 roll on top-rated NBA spread picks dating back to last season. Anyone following its NBA betting advice at sportsbooks and on betting apps could have seen huge returns.

Friday best bets at DraftKings Sportsbook

Ohio State (+15.5) vs. Michigan (-118)
Nuggets (+6.5) vs. Bucks (-110)
Trail Blazers to defeat the Raptors (+130)

Combining the three picks into a Friday parlay at DraftKings would result in a payout of +711 (risk $100 to win $711). Bet it at DraftKings here: (Odds subject to change)

Ohio State (+15.5) vs. Michigan (-118)

Ohio State vs. Michigan in basketball action may not come with a recognizable name such as "The Game", but any time these two schools square off, it means more to everyone wearing a jersey and the fans. This year is no exception, and the Buckeyes have a chance to make a statement against the No. 3 team in the nation. Michigan is the worthy favorite at 17-1 and 7-1 in the Big Ten, but Ohio State enters at 13-5 and 5-3 in the conference as a competitive opponent. None of their losses have come by more than eight points this season, despite three of those defeats coming against ranked teams. Two of the Buckeyes' three ranked losses have been one-possession finals. Ohio State senior guard Bruce Thornton is 20th in the nation at 20.7 points per game and the top scorer entering this contest. Ohio State leads the all-time series, 39-28, and the model doesn't expect a one-sided affair on Friday. The model projects Ohio State to cover in 67% of simulations. Back Ohio State at DraftKings Sportsbook, where new users get $300 in bonus bets if your first $5 bet wins:

Nuggets (+6.5) vs. Bucks (-110)

Denver (30-15) has 12 more wins than the Bucks (18-25) this season, and the Nuggets haven't significantly faltered even with Nikola Jokic (knee) out of the lineup. The Nuggets are 8-5 without Jokic, including a 108-104 win over the Bucks in Denver on Jan. 11. This contest will be played in Milwaukee, but Denver is 6-2 on the road without Jokic. The Bucks have lost four of their last five games, even with superstar Giannis Antetokounmpo playing in all five of those contests. The model projects Denver to cover in 60% of simulations. Back the Nuggets at DraftKings Sportsbook, where new users get $300 in bonus bets if your first $5 bet wins:

Trail Blazers to defeat the Raptors (+130)

Portland enters on a four-game winning streak, being either the underdog or favored by fewer than 4 points in each of those matchups, as the Trail Blazers weren't the clearly superior team entering any of those contests. They are also 11-3 over their last 14 games, playing some of the best basketball in the league. Deni Avdija leads Portland at 26 points, 7.1 rebounds and 6.9 assists per game this season, and despite Friday being the second half of a back-to-back and Avdija battling a back injury, he's still expected th play Friday. Guard Shaedon Sharpe is adding 21.9 ppg, including back-to-back 27-point performances, with forward Jerami Grant adding 19.6 ppg. Portland is home, and the Trail Blazers are 8-1 over their last nine home contests. The model projects the Trail Blazers to win in 52% of simulations, showcasing strong value at these odds. Back the Trail Blazers at DraftKings Sportsbook, where new users get $300 in bonus bets if your first $5 bet wins: